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Risk ____ attempts to reduce the probability of a risk event and/or its impacts to an acceptable level.

A. Avoidance
B. Mitigation
C. Acceptance
D. Transfer

User Melv
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1 Answer

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Final answer:

Risk mitigation attempts to reduce the probability of a risk event and its impacts. It involves implementing strategies and measures to minimize potential consequences.

Step-by-step explanation:

Risk mitigation attempts to reduce the probability of a risk event and/or its impacts to an acceptable level. This involves implementing strategies and measures to minimize the potential consequences of a risk. It includes actions such as implementing safety protocols, conducting regular inspections, and developing contingency plans.

For example, in a business setting, a company may implement fire prevention measures, such as installing fire alarms and sprinkler systems, to mitigate the risk of a fire breaking out and causing significant damage.

User Hussein El Feky
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